Life Planning Partners Inc Acquires 900 Shares of iShares California Muni Bond ETF (NYSEARCA:CMF)

Life Planning Partners Inc increased its holdings in iShares California Muni Bond ETF (NYSEARCA:CMF) by 12.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,337 shares of the company’s stock after purchasing an additional 900 shares during the period. Life Planning Partners Inc’s holdings in iShares California Muni Bond ETF were worth $478,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of CMF. Wealthspire Advisors LLC boosted its stake in iShares California Muni Bond ETF by 4.6% in the 4th quarter. Wealthspire Advisors LLC now owns 23,561 shares of the company’s stock worth $1,350,000 after purchasing an additional 1,044 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares California Muni Bond ETF by 15.0% in the third quarter. JPMorgan Chase & Co. now owns 411,303 shares of the company’s stock valued at $23,901,000 after acquiring an additional 53,700 shares during the period. Stifel Financial Corp grew its stake in iShares California Muni Bond ETF by 27.2% during the third quarter. Stifel Financial Corp now owns 17,202 shares of the company’s stock valued at $1,000,000 after acquiring an additional 3,681 shares in the last quarter. Hennion & Walsh Asset Management Inc. bought a new stake in iShares California Muni Bond ETF during the 4th quarter worth approximately $256,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in iShares California Muni Bond ETF by 54.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,040 shares of the company’s stock worth $1,223,000 after purchasing an additional 7,381 shares in the last quarter.

iShares California Muni Bond ETF Price Performance

NYSEARCA:CMF opened at $56.14 on Friday. The stock has a fifty day moving average of $56.84 and a 200 day moving average of $57.26. iShares California Muni Bond ETF has a 52-week low of $55.87 and a 52-week high of $58.18.

iShares California Muni Bond ETF Profile

iShares California AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P California AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the S&P California AMT-Free Municipal Bond Index (the Index), which measures the performance of the investment-grade segment of the California municipal bond market and the components primarily include transportation and utilities companies.